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Please answer this ASAP, thanks. If relative PPP holds: A. Real exchange rate may be expected to change in the future B. The expected rate
Please answer this ASAP, thanks.
If relative PPP holds:
A. | Real exchange rate may be expected to change in the future |
B. | The expected rate of inflation is the same in Australia and Europe |
C. | Absolute PPP definitely holds |
D. | The real interest in Australia and Europe is the same |
E. | None of the above |
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